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Gold, like most assets across the board, have taken a hit Monday, but medium to long-term, prices should recover to eventually reach new highs, said Bill Baruch, president of Blue Line Futures.“There is going to be a bottom here, there is going to be a tremendous buying opportunity. In fact, in my morning note to clients, I made a point to say that I feel very confident that gold is going to be setting a new record high in the intermediate or long-term,” Baruch told Kitco News. “Once gold stabilizes and other asset classes stabilize, you’re going to be able to ride the wave higher.”
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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.